Monday, December 30, 2013

Housing News Digest, December 30

New Senior-Living Facility at East Quincy Avenue and South Atchison Way in AuroraARA recently sold +/- 2.045-acres of land located at the southeast corner of East Quincy Avenue and South Atchison Way in Aurora, Colorado. ARA Colorado principals, Steve O’Dell and Chris Cowan, represented the seller, two local private investors, and the buyer, Anthem Memory Care, as a transactional broker. Anthem Memory Care purchased the parcel for $850,000 or $2.06 per square foot. Chris Cowan explained, “Anthem Memory Care is planning on building a 54-bed seniors community focused on seniors living with Alzheimer’s and dementia.

  Colorado among fastest growing states KUSA - If actions speak louder than words, then a lot of people paid Colorado a compliment by moving here. The state's population grew at about double the national rate over the past few years at a rate of 4.76 percent, according to data released Monday by the US Census Bureau. North Dakota is on top, thanks to an oil drilling boom, and Colorado is hanging in with some of the state's biggest business competitors: Texas and Utah

  Colorado Springs-area foreclosure picture continues to improve The Colorado Springs-area foreclosure rate has fallen by more than half since the beginning of 2011, another sign of improvement in the local housing market and the plight of distressed property owners. The foreclosure rate - the percentage of residential and commercial properties in some stage of foreclosure - declined to 0.71 percent in October, according to a report Monday by CoreLogic, a California-based housing data firm.

  Mile-High disruption: Why Denver should be on your tech radar next year Silicon Valley has long been the perfect oasis for that particular demographic (think: a young, barefoot Steve Jobs dreaming up Apple’s future while on LSD) to create and innovate technology that changes our lives. But as many in the Valley already know, it’s no longer Steve Jobs’ Silicon Valley—and there’s room for disruption in places like Denver, where a renewed commitment to innovation is transforming the city. With a vibrant and rapidly-growing tech ecosystem, there are a number of reasons why Denver should be on your radar for 2014:

  LPS: Home price increases slowed in October In addition, after months of setting new highs, Texas — and the major metropolitan areas of Austin and Dallas — saw a slight pullback in October. Eight of the 20 largest states recorded slight month-over-month drops in prices, including California, Texas and Colorado.